Supply Chain

The SVG Ventures Sunrise Fund will make early-stage investments with a typical check size of $500,000-$1 million.

Among several appointments, Tyler Mayoras will step up to become managing director, food and beverage sector, with responsibilities including sourcing new investments.

The Vail, Colorado PE firm’s recent acquisition of organic beef brand Verde Farms is an example of its investment strategy focusing on companies that improve health.

QIC has backed Pollination’s new venture capital fund, which is aiming for a final close in 2025.

Director of innovation Heather Thompson says a commitment to Cultivian’s Fund III opened the company’s eyes to the variety of agtech innovation and led to the launch of its VC unit.

Merricks Capital, which manages the A$470m Agriculture Credit Fund, will become part of ASX-listed Regal Partners in July 2024.

The Queensland-based fund will seek to deploy more capital in its home state, building on existing investments including the QLD Regional Livestock Exchange.

Dairy giant Fonterra will listen to offers for its consumer brands as well as its manufacturing facilities in Australia, New Zealand and Sri Lanka.

Australia's competition watchdog expressed concern that LDC’s acquisition of Namoi Cotton could ‘substantially lessen competition’ in the supply of cotton ginning services in northern Australia, among other issues.

Centuria has acquired Katunga Fresh’s glasshouse in Victoria through the unlisted Centuria Agriculture Fund.